JOANN Fabrics announces it will close all 800 locations and go out-of-business after more than 80 years. Earlier this month, the retailer announced that it would close 500 stores across the country after filing bankruptcy. JOANN Fabrics locations in Fargo, Grand Forks, Bemidji, Hibbing and Brookings in our region will be closing. The company says that subject to court approval,…
FARGO, N.D. (KVRR) — The party on University Drive kicked off in the old taproom – the entrance currently marked EMPLOYEES ONLY – where Fargo Brewing Company’s journey began back in 2010. Loyal customers turned up to celebrate the fun times, wishing they would have lasted just a bit longer. “It’s been a great place to come to, it’s always…
MINOT, N.D. (KVRR-KFGO) – Todd Berning, the former CEO of EPIC Companies, owes a Minot bank over $3 million according to a foreclosure notice recently filed in Ward County District Court. The foreclosure notice says Henry Land Holding LLC took out a mortgage in August 2021, for two properties in Minot. Ward County tax records show that the Henry Land…
FARGO (KVRR) – North Dakota-based Epic Companies has filed for bankruptcy. The Minot-based business filed for Chapter 11, which involves the reorganization of debts and assets. The reorganization would allow Epic to continue operating under supervision of the court. In court documents, Epic is declaring assets and liabilities of between $10 million and $50 million. The company is listing between 50…
FARGO (KVRR) – Fargo Brewing Company has filed for Chapter 11 bankruptcy in order to re-organize its debts. The company made the announcement Tuesday on social media. “Since FBC began in 2010, the beer industry has experienced many challenges, including a pandemic, supply chain issues and differences in consumer drinking habits,” co-founder and president Jared Hardy said. “From a customer…
FARGO, N.D. (KVRR) — Another Burger King location in Fargo has suddenly closed. Signs on the fast food restaurant at 1212 36th Street South say the location is now closed, effective September 26. It goes on to say they apologize for any inconvenience and look forward to serving customers at one of their other locations. Burger King at 2253 South…
Susan BalaFARGO (KVRR) – A federal appeals court has upheld a federal bankruptcy judge’s ruling against Attorney General Wayne Stenehjem in his lengthy battle with the owner of a Fargo horse betting business. Iowa-based federal bankruptcy judge Thad Collins ruled against state claims in the complicated legal odyssey that began in 2004 against Susan Bala. Collins wrote “enough is enough”…
PLANO, TX — J.C. Penney Company announced it will close 154 stores. Four of them are in Minnesota, the Willmar store and three in the Twin Cities. No North Dakota stores are on the list to close. The closings are part of a Chapter 11 bankruptcy protection filed earlier this month. This week JCPenney reopened 500 stores since government officials…
Barraged by hundreds of sex-abuse lawsuits, the Boy Scouts of America filed for bankruptcy protection Tuesday in hopes of working out a potentially mammoth victim compensation plan that will allow the hallowed, 110-year-old organization to carry on. The Chapter 11 filing in federal bankruptcy court in Wilmington, Delaware, sets in motion what could be one of the biggest, most complex…
NEW ULM, Minn. — The Diocese of New Ulm in Minnesota has reached a $34 million settlement in its bankruptcy case with 93 people who say they were sexually abused by priests and others. Attorney Jeff Anderson, who represents many of the survivors, says it includes contribution of $8 million from the diocese and its parishes with the rest coming…
